In 2023, Italy led the European market for iron or steel gas domestic cooking appliances and plate warmers with an oven, accounting for a substantial share. Romanialed Poland, and Portugalfollowed respectively. Spain showed a noteworthy year-on-year increase of 16.5%, while Poland and Slovakia experienced significant declines of 15.24% and 8.94% respectively. Hungary and Denmark maintained stable production with no significant change. The Compound Annual Growth Rate (CAGR) for these regions over the past five years indicates varying market dynamics, with some countries gradually increasing their production share while others faced declines.
Looking forward, the European market for these appliances is expected to experience technological advancements and an increasing focus on energy efficiency. Digital features and smart appliance integration may drive future market demand. Additionally, sustainability initiatives could influence both production and consumer preferences in the coming years.
Top countries in Sold Production of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers, with an Oven Share by Country (Units (Items))
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 55.32 | 2023 | -3.45% | -0.43% | View data |
| 2 | 2 Romania | 23.17 | 2023 | -1.76% | -4.19% | View data |
| 3 | 3 Poland | 8.74 | 2023 | -19.47% | -15.24% | View data |
| 4 | 4 Portugal | 3.74 | 2023 | -0.093% | -1.49% | View data |
| 5 | 5 Slovakia | 1.72 | 2023 | +3.75% | -8.94% | View data |
| 6 | 6 Spain | 0.83 | 2023 | +2.39% | +16.5% | View data |
| 7 | 7 Hungary | 0.003 | 2023 | +7.27% | View data | |
| 8 | 8 Denmark | 0.003 | 2023 | +43.24% | View data |
